Taewoong Logistics Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	39,989	57,143	37,676	101,804	30,581	11,006
Short-Term Investments	4,579	1,809	4,586	951.52	103.69	-
Trading Asset Securities	12,934	24,821	41,206	13,807	-	2,952
Cash & Short-Term Investments	57,502	83,773	83,469	116,563	30,684	13,959
Cash Growth	-12.73%	0.36%	-28.39%	279.88%	119.83%	-35.18%
Accounts Receivable	131,602	140,557	94,480	86,829	154,389	48,023
Other Receivables	9,149	4,768	4,806	2,499	1,415	964.79
Receivables	141,073	145,586	99,666	90,404	157,272	49,381
Prepaid Expenses	37,092	38,270	16,695	23,162	54,188	14,475
Other Current Assets	72,428	73,660	62,430	30,180	30,584	13,701
Total Current Assets	308,162	341,289	262,260	260,309	272,728	91,516
Property, Plant & Equipment	162,505	147,118	109,248	86,782	37,575	14,022
Long-Term Investments	22,034	15,119	17,246	10,329	6,638	6,571
Goodwill	9,765	9,765	7,638	5,231	1,754	1,754
Other Intangible Assets	13,570	12,204	10,271	6,582	6,644	5,776
Long-Term Accounts Receivable	-	-	-	-	-	0
Long-Term Deferred Tax Assets	2,499	885.54	1,095	1,931	2,069	1,283
Other Long-Term Assets	8,133	2,841	2,308	2,410	1,569	1,704
Total Assets	542,449	535,203	415,250	375,350	329,433	122,626
Accounts Payable	48,589	44,678	36,644	29,741	33,372	18,839
Accrued Expenses	5,541	13,053	7,455	7,488	4,582	2,952
Short-Term Debt	80,985	53,498	46,672	47,809	51,332	8,980
Current Portion of Long-Term Debt	17,000	-	8,022	1,108	590	90
Current Portion of Leases	6,427	5,832	3,384	2,828	2,163	946.33
Current Income Taxes Payable	1,069	3,392	4,981	17,031	18,750	1,662
Current Unearned Revenue	813.58	109.85	2,452	0.49	-	-
Other Current Liabilities	80,189	82,086	37,955	35,652	82,981	25,808
Total Current Liabilities	240,614	202,649	147,566	141,659	193,771	59,277
Long-Term Debt	2,355	17,000	10,000	18,022	9,184	1,645
Long-Term Leases	33,778	34,403	8,521	5,328	4,437	538.47
Long-Term Deferred Tax Liabilities	417.15	-	-	-	-	-
Other Long-Term Liabilities	1,577	1,434	918.98	869.95	307.45	1,987
Total Liabilities	278,741	255,486	167,006	165,879	207,699	63,447
Common Stock	4,022	3,842	3,842	3,842	1,954	1,954
Additional Paid-In Capital	27,443	22,317	22,317	22,317	23,711	23,711
Retained Earnings	222,496	239,166	211,957	190,585	99,027	36,590
Treasury Stock	-2.07	-9,307	-9,307	-4,323	-1,555	-1,555
Comprehensive Income & Other	-3,796	-3,658	-5,100	-3,566	-1,672	-1,639
Total Common Equity	250,162	252,360	223,709	208,854	121,466	59,061
Minority Interest	3,200	2,051	807.29	616.34	268.25	117.89
Shareholders' Equity	263,708	279,716	248,244	209,471	121,734	59,179
Total Liabilities & Equity	542,449	535,203	415,250	375,350	329,433	122,626
Total Debt	140,545	110,734	76,599	75,096	67,706	12,200
Net Cash (Debt)	-83,043	-26,961	6,870	41,467	-37,022	1,759
Net Cash Growth	-	-	-83.43%	-	-	-85.03%
Net Cash Per Share	-1905.91	-635.05	170.17	1106.63	-982.89	47.82
Filing Date Shares Outstanding	38.72	36.16	36.16	37.2	37.57	37.57
Total Common Shares Outstanding	38.72	36.16	36.16	37.2	37.57	37.57
Working Capital	67,548	138,640	114,694	118,650	78,958	32,239
Book Value Per Share	6460.75	6978.10	6185.87	5614.43	3232.74	1571.88
Tangible Book Value	226,828	230,391	205,800	197,042	113,068	51,531
Tangible Book Value Per Share	5858.11	6370.63	5690.66	5296.87	3009.24	1371.47
Land	33,637	24,634	24,644	2,840	2,840	2,875
Buildings	33,788	29,608	22,293	13,854	13,258	2,800
Machinery	10,639	9,712	7,616	3,770	5,168	4,860
Construction In Progress	8,999	6,427	11,873	26,150	1,087	1,387

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.